11/19/2023 0 Comments Linkedin corporation foundersMicrosoft Bought LinkedIn for $26.2 Billion By 2002, the startup caught the attention of eBay and sold for $1.5 billion. Hoffman decided to join PayPal as a board member and, two years later, came on full time as the Executive Vice President. In 1998, Hoffman’s old buddy Peter Thiel, another Stanford grad, called to convince him to join him at PayPal, instead of starting a new business. The startup soon failed and Hoffman was ready to start something else, but fate had other plans. After a while, he began to raise funding and started one of the first social media networks called SocialNet in 1997. Hoffman networked his way into gigs at Apple and Fujitsu. He pitched his ideas to investors, but since he was new to the game, they wouldn’t give him the time of day. From Oxford to Silicon ValleyĪfter realizing that academia wasn’t for him, Hoffman moved to Silicon Valley to create startups of his own. Hoffman read philosophy at Oxford because he wanted to strengthen public intellectual culture to make a significant impact on the world. He later attended Stanford University for his bachelors and then the University of Oxford, where he earned his masters in philosophy. After that, his newfound love for the business world prompted him to ask his parents to send him to The Putney School, a boarding school in Vermont. Hoffman’s first paid job was as an editor at a video game company called Chaosium. Born in 1957 in Palo Alto, California, Hoffman was destined to be a Silicon Valley legend.
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